$1.1bn decrease in foreign reserves from October to November: CBE
Decline mainly due to the repayment of accrued deposits to Qatar, claims…
Tourism sector asks banks to postpone debt repayment to end of 2015
Banking system owed EGP 10bn from tourism sector, workers hope to postpone…
Numerous public bank officials resign to protest maximum wage
New maximum wage sets wages at 50% less than original wages, resigned…
US delegation investigates investment climate, includes potential investors
Meeting held Saturday between American Chamber of Commerce members and Prime Minister…
Saudi Arabia allocates $350m to Egypt in 3 agreements
The agreements include two electricity stations in Western Damietta and El-Shabab
CBE to supervise monetary transactions outside banking sector: Deputy governor
Supervision will cover monetary fund money despite antipathy of investment directors
Domestic debt recorded at EGP 1.8tn by June 2014: CBE
Egypt’s external debt increased by 4.8% to record 45.3bn at the end…
Diplomatic delegations exempted from daily withdrawals limit: CBE
Bank previously announced that daily withdrawal limit would be set at $30,000
Purchases of investment certificates divided as 82% citizens, 18% institutions: CBE governor
Egypt post collected EGP 730m from 250,000 Egyptians, governor says